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I NEED HELP Use the compound interest formula A=P(1+rn)nt. If $10,000 is invested at 2 percent semi-annually for 5 years, what is the amount at the end of the term? $11,052 $11,…

I NEED HELP Use the compound interest formula A=P(1+rn)nt. If $10,000 is invested at 2 percent semi-annually for 5 years, what is the amount at the end of the term? $11,052 $11,…
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I NEED HELP

Use the compound interest formula A=P(1+rn)nt.

If $10,000 is invested at 2 percent semi-annually for 5 years, what is the amount at the end of the term?

$11,052


$11,051


$11,049


$11,046

asked
User Zbryan
by
7.6k points

2 Answers

7 votes

Answer:

A

Explanation:

answered
User Rschwieb
by
8.3k points
12 votes

Answer:

D: 11,046

Step-by-step explanation: i took the quiz

answered
User Madan Ram
by
7.9k points
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